Maurice Tutor

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    Argosy University/ Phoniex University/
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    Phoniex University
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Category > Management Posted 21 Nov 2017 My Price 2.00

Wyland Co.

Bond Yields Wyland Co. wants to issue new 25-year bonds for some much-needed expansion projects. The company currently has 8 percent coupon bonds on the market that sell for $1,063, make semiannual payments, and mature in 20 years. What coupon rate should the company set on its new bonds if it wants them to sell at par?

 

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Maurice Tutor
(5)
Status NEW Posted 21 Nov 2017 04:11 PM My Price 2.00

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